Abstract22.1 Introduction22.2 Merger highlights22.3 Strategic reasons for the acquisition22.4 Financial breakdown of Motorola deal22.5 Valuation perspectives22.6 Returns analysis for different time windows of acquisition announcement22.7 Cumulative abnormal return analysis22.8 Valuation—operating performance analysis22.9 Two-stage valuation model for Motorola Mobility (Figure 22.10, Table 22.5)22.10 Zero growth or perpetuity model valuation for Motorola22.11 Relative valuation for Google Inc.22.12 Cash flow to market value modelAppendix 1: Cumulative returns for Google Inc.Appendix 2: Cumulative returns for Motorola Mobility HoldingsAppendix 3: Cumulative abnormal returns (CAR) for Google Inc.Appendix 4: Cumulative abnormal returns (CAR) for Motorola Mobility HoldingsReferences